Japan, South Korea hold first bilateral finance leaders' meeting in 7 years

Japan and South Korea held their first bilateral finance leaders' meeting in seven years on Tuesday, a sign that relations between the two are thawing amid shared challenges from geopolitical tensions and slowing economic growth.

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INCHEON - The two countries agreed to resume regular finance dialogue "at an appropriate timing", Japanese Finance Minister Shunichi Suzuki told reporters after the meeting.

The dialogue will likely be held on an annual basis, Mr Suzuki added.

The resumption of bilateral financial discussions comes ahead of Japanese Prime Minister Fumio Kishida's planned visit to South Korea on May 7 and 8 for talks with President Yoon Suk-yeol.